Re:Meta earnings presentation Q1 2022 [pdf]
by topper-123 on Wednesday April 27, 2022 @05:58PM
(#31186331)
> $400-600 soon imho.
Revenue growth is stopping, no way they’re going to that level anytime soon. Also, if a recession is coming, as some say with interest rates rising, ad expenditure will fall, affecting Meta greatly.
OTOH, it has a moat from its network effect and its earnings are insane in absolute terms, so could also pivot to become a nice cash cow instead of a growth stock in the coming years.
Revenue growth is stopping, no way they’re going to that level anytime soon. Also, if a recession is coming, as some say with interest rates rising, ad expenditure will fall, affecting Meta greatly.
OTOH, it has a moat from its network effect and its earnings are insane in absolute terms, so could also pivot to become a nice cash cow instead of a growth stock in the coming years.